Senior Vice President - Finance

About Us

Founded in 1937, The Housing Authority of Baltimore City (HABC) has kept the promise of public housing alive. It has done so by maintaining and modernizing its buildings and enriching the lives of its residents through innovative social services, recreational and educational programs, and job training initiatives. What makes HABC successful is the dedication of its employees and its history of strong leadership.

 

Position Summary

The primary purpose of this position is to direct all financial activities of the Agency, including internal/external financial reporting, fixed assets, inventory, budgeting, and forecasting. The incumbent also provides administrative leadership in information technology, procurement, risk management, and fleet management.

All activities must support the Housing Authority of Baltimore City (“HABC” or “Authority”) mission, strategic goals, and objectives.

 

Major Duties

Directs the work of the fiscal department staff including assigning, planning, and reviewing work, evaluating work performance and completing performance evaluations, coordinating activities, maintaining standards, allocating personnel, selecting new employees, and training, acting on employee problems, and recommending and implementing discipline.

Maintains a system of accounts, records, and reports, including cash flow requirements and analyses that reflect the financial status of properties that the Authority owns, operates, and manages; recommends changes to HABC’s financial policies and procedures as needed. 

Develops and maintains fiscal policies and procedures and assists in the development of Authority policies and procedures. Implements federal, state, and local directives and statutes and other Authority programs

Assists in directing the development of Authority policies and procedures implementing federal, state, and local directives and statutes and other Authority programs.

Establishes and maintains internal controls to appropriately safeguard the Authority's funds.

Directs the day-to-day accounting processes for the Authority, including the timely and accurate processing of accounts payables, accounts receivables, and payroll.

Directs and coordinates the annual and budget revision process.

Approves release of approved payments and controls expenditures within the agency’s approved divisional budgets.

Coordinates with SVP, Budgets and Grants and Budgets Administration to develop budget variance analyses and identify budget funding gap.

Directs the preparation of a wide variety of financial statements and reports. Conducts studies and prepares reports on Agency operations, including capital outlay projects. Analyzes reports on the status of the budget accounts and requirements.

Analyzes cash flow, cost controls, and expenses and analyzes financial statements to pinpoint potential weak areas and opportunities. Regularly briefs the CFO on financial developments.

Partners with the CFO to implement short- and long-range departmental goals, objectives, policies and operating procedures that support the Agency’s mission.

Directs the closing of the Authority's general ledgers, year-end financial statements, and analysis of operations

Directs compliance and financial reviews and audits; serves as primary contact with auditors by providing required information, coordinating documentation needed from other staff, reviewing draft and final audited financial statements and reports, and transmitting reports to all authoritative agencies.

Ensures HUD Performance Standards and reporting requirements are maintained or improved to high performance levels.

Conducts review, analysis, and transmittal of PHAS information throughout the year and at the end of the fiscal year.

Coordinates and prepares required financial and program information for other departments.

Serves as a liaison between the Authority and banking institutions.

Manages Authority cash flow, including funds of privately managed sites and non-profits administered by the Authority. Recommends allocation of available funds through the annual budgetary process and manages Authority funds in accordance with HUD guidelines and CFO authorizations. Administers funds within the context of approved budgets and makes adjustments as available within the context of the individual funding sources.

Works with employees to correct deficiencies; plans and direct department’s work plan; meets with staff to identify and resolve problems; assigns projects and programmatic areas of responsibility; reviews and evaluates work methods and procedures; and ensures compliance with applicable federal, state, and local laws, codes, and regulations.

Performs other duties as assigned.

 

Minimum Education, Training and/or Experience

Bachelor's Degree in business administration, finance, accounting, or related field(s) and a minimum of 10 years of progressively responsible finance experience, including a minimum of 5 years in a management role. Master of Business Administration (MBA) and/or CPA designation preferred. An equivalent combination of education, training, and experience may be considered.

 

Special Requirements

Possession of a valid Maryland driver's license. 

Must be able to be covered under the Authority's fidelity bond. 

Must be able to be covered under the Authority's vehicle insurance policy.

 

Other Requirements

You must successfully pass a prescreening investigation, including employment and education verification.

Probationary Period: This is a full-time permanent position. Upon employment, you will be required to serve a 6-month probationary period.

All new employees are required to receive at least one COVID-19 vaccination shot in a two-shot series or be fully vaccinated prior to the date of hire.

Benefits

We offer a competitive package of employee benefit programs that supports recruitment and retention objectives and is designed to meet the diverse and changing needs of our employees. HABC’s comprehensive benefit package includes:

Paid Holidays

Paid Vacation

Medical Insurance

Dental Insurance

Life Insurance

Vision Insurance

Pharmacy Coverage

Retirement Program

All new employees are required to receive at least one COVID-19 vaccination shot in a two-shot series or be fully vaccinated prior to the date of hire.

 

FOR INTERNAL CANDIDATES ONLY: 

Current HABC employees who are on probation, whether due to initial new hire status (6 months) or promotion (3 months), will have the opportunity to apply for other roles within HABC once their probationary period is successfully completed. This allows time for growth, development, and the demonstration of their skills and commitment, paving the way for new opportunities within the organization.

If you are currently under the progressive disciplinary process, you may not have the chance to be considered for a promotion (s) within HABC. Please review the Manual of Personnel Policies or the applicable Collective Bargaining Agreement for more information on the disciplinary process.

 

This posting will remain active until filled.